FreeStar Implements Announced Name Change; New CUSIP Number and Ticker Symbol Effective Today.Business Editors/High-Tech Writers SANTO DOMINGO Santo Domingo, pueblo, United States Santo Domingo (sän'tə dəmĭng`gō), pueblo (1990 pop. 2,866), Sandoval co., N central N.Mex., on the Rio Grande; founded c.1700 after earlier pueblos were destroyed by floods. , Dominican Republic--(BUSINESS WIRE)--March 3, 2003 FreeStar Technology Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FSCR FSCR First Stage Consultation Report FSCR First Ship Configuration Review FSCR Fully Synchronous Carrier Recovery FSCR Full Screen FSCR Free Space Control Record ) confirmed today that the Company's February name change, first announced January 31, 2003, had come into effect on February 24, 2003. The Board of Directors' resolution to change FreeStar's name from Freestar Technologies to FreeStar Technology Corporation, which was attributed to the Company's increasingly multinational profile and establishment of subsidiaries & strategic alliances in various jurisdictions around the world, had passed and been consented to by a majority vote of the Company's common stock. The Board of Directors extended its thanks to strategic partners overseas for their detailed input which had predicated replacement of the word "Technologies" in favor of "Technology" to facilitate pronunciation in foreign tongues, and addition of the word "Corporation" to enhance corporate image in certain markets of near-term strategic importance, particularly Estonia, Latvia and Lithuania. The Board expressed confidence that the Company's new name would better stand the test of time. FreeStar's new CUSIP number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. , 35687X-10-3, and new ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors , FSCR, are effective immediately. Shareholders wishing to exchange their Freestar Technologies certificates may do so by having them forwarded to First American First American may refer to:
About FreeStar Technology Corporation With Corporate headquarters in Santo Domingo, Dominican Republic, and offices in Dublin, Ireland, and Helsinki, Finland, FreeStar Technology is focused on exploiting a first-to-market advantage for enabling ATM and debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. transactions on the Internet and high-margin credit card processing through a leading Northern European processor, Rahaxi Processing Oy. FreeStar Technology's Enhanced Transactional Secure Software ("ETSS ETSS Episcopal Theological Seminary of the Southwest ETSS Enhanced Transactional Secure Software ETSS extended training service specialist (US DoD) ETSS Engineering and Technical Support Services ") is a proprietary software package that empowers consumers to consummate e-commerce transactions on the Internet with a high level of security using credit, debit, ATM (with PIN) or smart cards. It sends an authorization number to the e-commerce merchant, rather than the consumer's credit card information, to provide a high level of security. For more information, please visit the Company's web sites at http://www.freestartech.com, http://www.rahaxi.com and http://www.epaylatina.com Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. |
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